1. What is an economic model? a. a mechanical machine that replicates the functioning of the economy...
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1. What is an economic model?
a. a mechanical machine that replicates the functioning of the economy
b. a fully detailed, realistic description of the economy
c. a simplified representation of some aspect of the economy
d. a computer program that predicts the future of the economy
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Related Book For
Principles Of Macroeconomics
ISBN: 9780176591977
7th Canadian Edition
Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie
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